M&A Deal Summary

MEMSCAP Acquires Cronos Integrated Microsystems

On July 31, 2002, MEMSCAP acquired technology hardware company Cronos Integrated Microsystems from VIAVI

Acquisition Highlights
  • This is MEMSCAP’s 1st transaction in the Technology Hardware sector.
  • This is MEMSCAP’s 1st transaction in the United States.
  • This is MEMSCAP’s 1st transaction in North Carolina.

M&A Deal Summary
Date 2002-07-31
Target Cronos Integrated Microsystems
Sector Technology Hardware
Buyer(s) MEMSCAP
Sellers(s) VIAVI
Deal Type Divestiture

Target

Cronos Integrated Microsystems

North Carolina, United States
Cronos Integrated Microsystems, Inc. is a provider of optical MEMS (micro-electro-mechanical systems) devices to the telecommunications industry.

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Buyer(S) 1

Buyer

MEMSCAP

Crolles, France
Category Company
Founded 1997
Sector Semiconductors
Employees63
Revenue 14M EUR (2023)
DESCRIPTION

MEMSCAP provides innovative products and solutions based on micro-electro-mechanical systems as well as MEMS contract manufacturing services. MEMSCAP was founded in 1997 and is based in Crolles, France.

DEAL STATS #
Overall 2 of 6
Sector (Technology Hardware) 1 of 1
Type (Divestiture) 2 of 2
State (North Carolina) 1 of 1
Country (United States) 1 of 1
Year (2002) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2001-12-26 Capto AS

Norway

Capto AS develops, manufactures and markets MEMS-based high-end sensors and transducers for the medical and aerospace industries.

Buy €10M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2003-08-29 GalayOr Networks

Lod, Israel

GalayOr Networks developer of on-chip integrated micro-optical components and packaging solutions based on unique moving-waveguide technology.

Buy -

Seller(S) 1

SELLER

VIAVI

Chandler, Arizona, United States
Category Company
Founded 1923
Sector Technology Hardware
Employees3,600
Revenue 1.1B USD (2023)
DESCRIPTION

VIAVI specializes in the design and manufacture of products for optical communications networks, communications test and measurement equipment, lasers, and optical solutions. The Company was originally known as JDS Uniphase Corp. and became VIAVI in 2015. Viavi was founded in 1923 and is based in Chandler, Arizona.

DEAL STATS #
Overall 1 of 3
Sector (Technology Hardware) 1 of 2
Type (Divestiture) 1 of 2
State (North Carolina) 1 of 1
Country (United States) 1 of 3
Year (2002) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2002-04-26 Scion Photonics

Milpitas, California, United States

Scion Photonics, Inc. is a Mobile & Telecommunications/Telecom Devices & Equipment company.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2002-09-18 OptronX - Transceiver/Transponder Business

Allentown, Pennsylvania, United States

OptronX - Transceiver/Transponder Business provides optical transport modules.

Buy -
Mergr

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